Citibank Closes UAE Branches Temporarily as Precautionary Measure

12/03/2026 09:12 AST

Citibank will close its branches and financial centers in the United Arab Emirates through March 14 as a precautionary measure, the bank's website showed on Thursday, following a wave of banks sending staff home as the crisis in the Middle East deepens.

The ?US bank plans ?to reopen all affected branches on March 16, but the branch in the Mall of the Emirates in central Dubai, will remain open ?during this period, it said.

Earlier this week, Citi told its staff to evacuate offices in the Dubai International Financial Centre (DIFC) and Dubai's Oud Metha neighborhood, telling them to work from home until further notice.

HSBC, another major global bank, has closed all branches in ?Qatar ?until further notice, according to a customer notice, saying the measure was to ensure the safety of staff and customers.

Banks across the region have stepped up precautions after Iran threatened banking interests linked to the US and Israel.


Asharq Al Awsat

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